PIPER, OLA O.

Operated by AMOCO PRODUCTION COMPANY (P-5 20425) in the BRADFORD (CLEVELAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 137902District 10Field 112262002 tax incentive programmesCondensateGasSaveExport
Value, all time
$33 k
Jan 1993 – Jun 2000
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
90
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 141 leases and 152 wells, and the rule below applies to all of them.

Discovered
1959-09-16
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2002-10-01.

The Commission's schedule remark for this field reads: 53869 270 EFF 4/5/11.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas111991-09-17124243
NGPA2none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition579 bbl$10,890
GasProduction33,540 Mcf$21,831
Total$32,721

24,293 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 36.2722, -100.2557. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.27216, -100.25565 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
10,300 ft
1 wells filed one
Completion to plug
9.2 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 10,300 ft.

Completions filed
Apr 1991
1 of 1 wells
Plug dates filed
Jun 2000
1 of 1 wells

Last completion to plug: a median of 9.2 years across the 1 well that filed both dates, with the middle half between 9.2 years and 9.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-295317401110,300 ftApr 1991Jun 2000Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (90)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

90 months

Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 2000205224.513.12$652
Mar 2000015828.422.86$452
Feb 2000026127.622.73$712
Jan 2000029725.272.48$737
Dec 1999025524.282.42$618
Nov 1999028723.192.43$699
Oct 1999028420.982.80$796
Sep 1999026621.752.62$697
Aug 199912420219.262.88$2,969
Jul 1999028617.892.37$679
Jun 1999022415.942.36$529
May 1999023215.792.32$538
Apr 1999017715.102.21$391
Mar 1999029012.471.84$533
Feb 199903489.981.82$633
Jan 19993023810.381.90$764
Dec 199802859.201.77$505
Nov 1998017710.892.19$387
Oct 1998021512.421.97$423
Sep 19986518112.592.08$1,195
Aug 1998019211.301.91$366
Jul 1998010211.742.24$228
Jun 1998036011.242.24$805
May 1998023712.622.21$523
Apr 1998034313.042.51$859
Mar 1998024812.802.31$573
Feb 1998027913.952.30$641
Jan 1998030714.702.15$662
Dec 1997024316.322.41$586
Nov 1997024518.193.09$757
Oct 1997020719.253.15$652
Sep 1997011117.742.95$328
Aug 1997015717.862.55$401
Jul 1997014717.582.25$330
Jun 1997015717.242.26$354
May 1997019818.972.31$457
Apr 1997026317.882.08$548
Mar 1997028018.951.94$543
Feb 1997022320.492.21$492
Jan 1997023323.483.54$825
Dec 1996023023.32$0
Nov 1996029621.97$0
Oct 199618027123.31$4,196
Sep 1996013922.22$0
Aug 1996012820.26$0
Jul 1996011519.55$0
Jun 1996022818.73$0
May 1996037419.43$0
Apr 1996028121.51$0
Mar 1996031219.38$0
Feb 1996033916.98$0
Jan 1996044017.07$0
Dec 1995033717.19$0
Nov 1995021216.00$0
Oct 1995039215.43$0
Sep 1995038816.18$0
Aug 1995045415.92$0
Jul 1995039415.24$0
Jun 1995046516.41$0
May 1995046917.56$0
Apr 1995045617.73$0
Mar 1995026516.44$0
Feb 1995025616.58$0
Jan 1995047415.92$0
Dec 1994050315.03$0
Nov 1994055715.90$0
Oct 1994057115.58$0
Sep 1994044315.29$0
Aug 1994049116.13$0
Jul 1994041117.56$0
Jun 1994055317.09$0
May 1994083615.88$0
Apr 1994076314.14$0
Mar 1994098212.46$0
Feb 1994083712.50$0
Jan 1994083612.66$0
Dec 1993076512.33$0
Nov 1993085414.49$0
Oct 1993085115.85$0
Sep 1993065215.03$0
Aug 1993062515.66$0
Jul 1993093615.46$0
Jun 199316080016.79$2,686
May 1993048917.68$0
Apr 1993076618.05$0
Mar 1993049418.14$0
Feb 1993076117.90$0
Jan 1993080216.93$0

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Apr 2000 — as filed, then multipliedworked
Condensate            20 bbl  × $ 24.51 =       $490
Gas                   52 Mcf  × $  3.12 =       $162

────────────────────────────────────────────────────
Month total                                     $652

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 10/G/137902 is the state's own key, not one this site invented.